3 ms·
Not the parent, but I think their general idea is that you can't give a tax break if there's no tax to give a break on.
by haneefmubarak 7y ago
Not the parent, but I think their general idea is that you can't give a tax break if there's no tax to give a break on.
- mikeash 7y agoSure, but there’s a big difference between less tax and no tax. You can still give tax breaks when taxes are lower.
- haneefmubarak 7y agoSo the whole less taxes less corruption thing isn't my argument, but I think they meant less taxes as in the number of different taxes you can give breaks from, not the total percentage burden.
- mikeash 7y agoThe potential for tax breaks ultimately depends on the total amount you’d potentially pay. (Edit: even this isn’t the limit. Nothing says you can’t give companies more than they pay.) How it’s divided up doesn’t really matter.